MIRA INFORM REPORT
|
Report Date : |
24.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
TASHO ENTERPRISES |
|
|
|
|
Registered Office : |
175, Shaheed Syed Narul Islam Saroni 24/A (New), 52 (Old) Skylark Point 6th Floor, (North South Road) Bijoynagar, Dhaka-1000 |
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Country : |
Bangladesh |
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Year of Establishment : |
1981 |
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|
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Proprietorship Concern |
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|
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Line of Business : |
Importer, Exporter & Seller of Fruits |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
US$ 22,000.00 |
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|
|
|
Status : |
Moderate |
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|
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Payment
Behaviour : |
No Complaints |
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|
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Bangladesh |
b1 |
b1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CONCERN DETAILS
|
Name |
Tasho
Enterprises |
|
Address |
175, Shaheed
Syed Narul Islam Saroni 24/A (New), 52 (Old) Skylark Point 6th
Floor, (North South Road) Bijoynagar, Dhaka-1000 |
|
Country |
Bangladesh |
|
Telephone No |
880-2-9352546-48 |
|
Fax No |
880-2-9330014, 9330054 |
|
E-Mail |
|
|
Website |
|
|
Established |
1981 |
|
Concern Registration No |
N/A |
|
Registration date |
N/A |
|
Legal Status |
Proprietorship |
|
Business Type |
Importer, Exporter & Seller |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from local
suppliers or banks. |
LOCATIONS
|
Head Office |
175, Shaheed
Syed Narul Islam Saroni 24/A (New), 52 (Old) Skylark Point 6th
Floor, (North South Road) Bijoynagar, Dhaka-1000 |
|
Telephone No |
880-2-9352546-48 |
|
Fax No |
880-2-9330014, 9330054 |
|
E-Mail |
|
|
Website |
|
|
Branch |
19/1,Justice Lal Mohan Das Lane, Dhaka |
|
Factory |
N/A |
|
Factory Telephone No |
N/A |
|
Factory Fax No |
N/A |
|
Warehouse |
175, Shaheed
Syed Narul Islam Saroni 24/A (New), 52 (Old) Skylark Point 6th
Floor, (North South Road) Bijoynagar, Dhaka-1000 |
PROPRIETOR
|
Name |
Mr. Salimul
Haque Essa |
|
Designation |
Proprietor |
|
Nationality |
Bangladeshi |
BUSINESS DETAILS
|
Line of Business |
Importer, Exporter & Seller |
|
Items Dealing In |
Fruits |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of Sale |
Local: Cash or Credit |
BANKERS
|
Name |
Habib Bank Limited |
|
Branch |
Motijheel Branch |
|
Address |
Motijheel C/A, Dhaka-1000 |
|
SWIFT |
N/A |
FINANCIAL INFORMATION
|
Year |
2010 |
2009 |
2008 |
|
Investment |
Tk.23 million |
Tk.22 million |
Tk.22 million |
|
Turnover |
Tk.144 million |
Tk.142.5 million |
Tk.142 million |
|
Liability |
NIL |
NIL |
NIL |
|
Assets |
Tk.34 million |
Tk.32 million |
Tk.32 million |
CAPITAL STRUCTURE
|
Authorized
Capital |
N/A |
|
Paid Up Capital |
N/A |
|
Each Share Value |
N/A |
EXCHANGE RATE
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
122.3721 |
|
U.S Dollar |
1 |
74.3000 |
|
European Euro |
1 |
106.7245 |
ADVERSE DATA MONITORING
|
Dishonored
Checks |
No Found |
|
Debt |
No Records Found |
|
Litigation |
No Records Found |
|
Performance
Defaults |
No Records Found |
|
Adverse Press
Coverage |
No Records Found |
|
Money Laundering |
No Records Found |
MAXIMUM RECOMMENDED CREDIT
|
Amount |
Based On |
|
US$ 22,000.00 |
90 Days |
GENERAL INFORMATION
|
Employees |
22 |
|
Office Area (Sq.
Ft) |
955 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
N/A |
|
Warehouse Area
(Sq. Ft) |
3,500 sq.ft (rented) |
|
Range of
Products |
Import: 4 Fresh Fruits 4 Dry Fruits 4 Food Grains 4 Spices 4 Vegetables 4 Drinks 4 Juices 4 Milk Export: 4 Pineapples 4 Mango 4 Lychee 4 Water Melon 4 Guava 4 Jackfruit |
|
Imported
From |
4 Australia 4 Argentina 4 Brazil 4 Bhutan 4 Canada 4 Chile 4 China 4 Egypt 4 France 4 Iran 4 Italy 4 Nepal 4 New
Zealand 4 Pakistan 4 South Africa 4 Thailand 4 Turkey 4 U.S.A 4 U.A.E. |
|
Export Market |
4 Middle East 4 Singapore 4 Malaysia 4 Far East
Countries |
|
Major Foreign
Principals |
4 Dovex Export Concern
, U.S.A 4 Fista fruit,
inc. U.S.A 4 Chelan freah
marketing, U.S.A 4 Columbia
marketing int. U.S.A 4 Metspan
internationalltd, Hong Kong 4 Devi trading concern
ltd, Hong Kong 4 Silver wings
ltd, Hong Kong 4 Blue whale sas,
France 4 Jakfruit pty
ltd, Australia 4 Craig mostyn
& co. pte. Ltd, Australia 4 Southern cross
overseas pty ltd, Australia 4 Walker
longbottm pty ltd, Australia 4 Suntaysia
exports & marketing, Australia 4 Top qual
poyltd, Australia 4 Ernestpardy
& sons pty ltd, Australia 4 Vitor marketing
pty ltd, Australia 4 Trident
produce, Australia 4 Egct
agriculualproducts, Egypt 4 Oman national
dairy, Oman 4 Xian yang tian
yuan int. trding ci. Ltd, China 4 Longkou panasia
fruitveg co.ltd., China 4 Longkou
jiancheng fruit, China 4 Shaanxi
huasheng (grouo) corp, China 4 Vintage
distributors (pty) ltd, South Africa 4 Al-boghari
trading llg, Dubai 4 Haji suleman
adkothari &co, Karachi, Pakistan 4 Rishad mateen
& co. Karachi, Pakistan 4 M.k enterprise,
Karachi, Pakistan 4 Roshan
enterprise, Karachi, Pakistan 4 J.m.b.
Exporters, Karachi, Pakistan 4 Huihai holdings
(s) pte ltd, Singapore 4 Seasonal
produce commission house, Singapore 4 Tritans fruit
international, Singapore 4 Fook huat tong
tong kee pte, ltd, Singapore |
|
Certifications |
NIL |
|
Group Name |
NIL |
|
Subsidiaries /
Affiliates |
4 Seven Star
Trading Concern |
|
Member |
4 Dhaka Chamber of Commerce &
Industries, Dhaka |
COMMENTS
The subject is a proprietorship concern engaged as importer,
exporter and seller of fresh fruits, dry fruits & many others.
The proprietor is conversant in their line of trade and he
is also experienced businessman. He is financially solvent and good at his
business commitments, it is reported.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.69 |
|
UK Pound |
1 |
Rs.75.29 |
|
Euro |
1 |
Rs.65.77 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
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NB |
New Business |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.